COPENHAGEN, Denmark, May 7, 2024 – Bavarian Nordic A/S (OMX: BAVA) has today received information about the following transactions of the Company’s shares/related securities by persons holding managerial responsibilities and/or persons/companies closely associated with such. The transactions concern grants of restricted stock units as part of the remuneration of the Board of Directors as adopted at the ordinary general meeting on April 16, 2024. Restricted stock units equivalent to the value of 50% of the annual cash fee for members of the Board of Directors are granted, and the number of restricted stock units has now been calculated based on an average of the closing price of the Company's shares over a period of 15 trading days after the annual general meeting. The acquisition of restricted stock units is conditional upon the recipient not having passed away prior to the expiry of the vesting period, a minimum of three years from the grant date. 1.Details of the person discharging managerial responsibilities/person closely associated a)NameLuc Debruyne2.Reason for the notificationa)Position/statusChair of the Board of Bavarian Nordic A/S b)Initial notification/AmendmentInitial notification3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameBavarian Nordic A/Sb)LEI2138006JCDVYIN6INP514.Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducteda)Description of the financial instrument, type of instrument Identification codeRestricted Stock Units DK0015998017b)Nature of the transactionGrantc)Price(s) and volume(s)Price(s)Volume(s) DKK 02,966d)Aggregated information Aggregated volumePrice 2,966DKK 0e)Date of the transaction2024-05-07f)Place of the transactionOutside a trading venue1.Details of the person discharging managerial responsibilities/person closely associated a)NameAnders Gersel Pedersen2.Reason for the notificationa)Position/statusDeputy Chair of the Board of Bavarian Nordic A/S b)Initial notification/AmendmentInitial notification3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameBavarian Nordic A/Sb)LEI2138006JCDVYIN6INP514.Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducteda)Description of the financial instrument, type of instrument Identification codeRestricted Stock Units DK0015998017b)Nature of the transactionGrantc)Price(s) and volume(s)Price(s)Volume(s) DKK 01,779d)Aggregated information Aggregated volumePrice 1,779DKK 0e)Date of the transaction2024-05-07f)Place of the transactionOutside a trading venue1.Details of the person discharging managerial responsibilities/person closely associated a)NameFrank Verwiel2.Reason for the notificationa)Position/statusMember of the Board of Bavarian Nordic A/S b)Initial notification/AmendmentInitial notification3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameBavarian Nordic A/Sb)LEI2138006JCDVYIN6INP514.Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducteda)Description of the financial instrument, type of instrument Identification codeRestricted Stock Units DK0015998017b)Nature of the transactionGrantc)Price(s) and volume(s)Price(s)Volume(s) DKK 0988d)Aggregated information Aggregated volumePrice 988DKK 0e)Date of the transaction2024-05-07f)Place of the transactionOutside a trading venue1.Details of the person discharging managerial responsibilities/person closely associated a)NameAnne Louise Eberhard2.Reason for the notificationa)Position/statusMember of the Board of Bavarian Nordic A/S b)Initial notification/AmendmentInitial notification3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameBavarian Nordic A/Sb)LEI2138006JCDVYIN6INP514.Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducteda)Description of the financial instrument, type of instrument Identification codeRestricted Stock Units DK0015998017b)Nature of the transactionGrantc)Price(s) and volume(s)Price(s)Volume(s) DKK 0988d)Aggregated information Aggregated volumePrice 988DKK 0e)Date of the transaction2024-05-07f)Place of the transactionOutside a trading venue1.Details of the person discharging managerial responsibilities/person closely associated a)NameHeidi Hunter2.Reason for the notificationa)Position/statusMember of the Board of Bavarian Nordic A/S b)Initial notification/AmendmentInitial notification3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameBavarian Nordic A/Sb)LEI2138006JCDVYIN6INP514.Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducteda)Description of the financial instrument, type of instrument Identification codeRestricted Stock Units DK0015998017b)Nature of the transactionGrantc)Price(s) and volume(s)Price(s)Volume(s) DKK 0988d)Aggregated information Aggregated volumePrice 988DKK 0e)Date of the transaction2024-05-07f)Place of the transactionOutside a trading venue1.Details of the person discharging managerial responsibilities/person closely associated a)NameJohan van Hoof2.Reason for the notificationa)Position/statusMember of the Board of Bavarian Nordic A/S b)Initial notification/AmendmentInitial notification3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameBavarian Nordic A/Sb)LEI2138006JCDVYIN6INP514.Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducteda)Description of the financial instrument, type of instrument Identification codeRestricted Stock Units DK0015998017b)Nature of the transactionGrantc)Price(s) and volume(s)Price(s)Volume(s) DKK 0988d)Aggregated information Aggregated volumePrice 988DKK 0e)Date of the transaction2024-05-07f)Place of the transactionOutside a trading venue1.Details of the person discharging managerial responsibilities/person closely associated a)NameMontse Montaner2.Reason for the notificationa)Position/statusMember of the Board of Bavarian Nordic A/S b)Initial notification/AmendmentInitial notification3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameBavarian Nordic A/Sb)LEI2138006JCDVYIN6INP514.Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducteda)Description of the financial instrument, type of instrument Identification codeRestricted Stock Units DK0015998017b)Nature of the transactionGrantc)Price(s) and volume(s)Price(s)Volume(s) DKK 0988d)Aggregated information Aggregated volumePrice 988DKK 0e)Date of the transaction2024-05-07f)Place of the transactionOutside a trading venue1.Details of the person discharging managerial responsibilities/person closely associated a)NameThomas Alex Bennekov2.Reason for the notificationa)Position/statusMember of the Board of Bavarian Nordic A/S (employee-elected)b)Initial notification/AmendmentInitial notification3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameBavarian Nordic A/Sb)LEI2138006JCDVYIN6INP514.Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducteda)Description of the financial instrument, type of instrument Identification codeRestricted Stock Units DK0015998017b)Nature of the transactionGrantc)Price(s) and volume(s)Price(s)Volume(s) DKK 0988d)Aggregated information Aggregated volumePrice 988DKK 0e)Date of the transaction2024-05-07f)Place of the transactionOutside a trading venue1.Details of the person discharging managerial responsibilities/person closely associated a)NameAnja Gjøl2.Reason for the notificationa)Position/statusMember of the Board of Bavarian Nordic A/S (employee-elected)b)Initial notification/AmendmentInitial notification3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameBavarian Nordic A/Sb)LEI2138006JCDVYIN6INP514.Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducteda)Description of the financial instrument, type of instrument Identification codeRestricted Stock Units DK0015998017b)Nature of the transactionGrantc)Price(s) and volume(s)Price(s)Volume(s) DKK 0988d)Aggregated information Aggregated volumePrice 988DKK 0e)Date of the transaction2024-05-07f)Place of the transactionOutside a trading venue1.Details of the person discharging managerial responsibilities/person closely associated a)NameKaren Merete Jensen2.Reason for the notificationa)Position/statusMember of the Board of Bavarian Nordic A/S (employee-elected)b)Initial notification/AmendmentInitial notification3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameBavarian Nordic A/Sb)LEI2138006JCDVYIN6INP514.Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducteda)Description of the financial instrument, type of instrument Identification codeRestricted Stock Units DK0015998017b)Nature of the transactionGrantc)Price(s) and volume(s)Price(s)Volume(s) DKK 0988d)Aggregated information Aggregated volumePrice 988DKK 0e)Date of the transaction2024-05-07f)Place of the transactionOutside a trading venuesDetails of the person discharging managerial responsibilities/person closely associated a)NameLinette Munksgaard Andersen2.Reason for the notificationa)Position/statusMember of the Board of Bavarian Nordic A/S (employee-elected)b)Initial notification/AmendmentInitial notification3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameBavarian Nordic A/Sb)LEI2138006JCDVYIN6INP514.Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducteda)Description of the financial instrument, type of instrument Identification codeRestricted Stock Units DK0015998017b)Nature of the transactionGrantc)Price(s) and volume(s)Price(s)Volume(s) DKK 0988d)Aggregated information Aggregated volumePrice 988DKK 0e)Date of the transaction2024-05-07f)Place of the transactionOutside a trading venue About Bavarian NordicBavarian Nordic is a fully integrated vaccine company with a mission to protect and save lives through innovative vaccines. We are a global leader in smallpox and mpox vaccines, supplied to governments to enhance public health preparedness and have a strong portfolio of vaccines for travelers and endemic diseases. For more information visit www.bavarian-nordic.com. ContactsEurope: Rolf Sass Sørensen, Vice President Investor Relations, rss@bavarian-nordic.com, Tel: +45 61 77 47 44 US: Graham Morrell, graham@paddockcircle.com, Tel: +1 781 686 9600 Company Announcement no. 11 / 2024
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2024-11-en